Kanzhun Ltd. · NASDAQ:BZ
Kanzhun — Q4 2023 Earnings Presentation
17 slides from Kanzhun's earnings presentation, Mar 12, 2024
Slide 1: 4Q and FY 2023 Results Presentation
KANZHUN LIMITED 4Q and FY 2023 Results Presentation
Slide 2: Disclaimer
Disclaimer The following document has been prepared by KANZHUN LIMITED (“BOSS Zhipin” or the “Company”) solely for informational purposes and should not be construed to be, directly or indirectly, in whole or in part, an offer to buy or sell and/or an invitation and/or a recommendation and/or a soli
Slide 3: Company Overview
Company Overview
Slide 4: We are the Largest Online Recruitment Platform in China
We are the Largest Online Recruitment Platform1 in China Strong growth momentum, far outpacing the industry Our Fast Growing MAU 42.3MM MM Avg MAU in FY2023 45 47.4% YoY Growth 40 MAU 35 30 RMB 5.95BN Revenue in FY2023 25 5.2MM 20 Paid Enterprise Customers3 ended Dec 31, 2023 15 10 RMB 2.16BN 5 Adju
Slide 5: A New Way of Hiring – the Next Gen Online Recruitment Platform
A New Way of Hiring – the Next Gen Online Recruitment Platform… We introduce a disruptive mobile-native direct recruitment model with better convenience, accuracy, efficiency and transparency Mobile-native Recommendation Feeds + Direct Chat = BOSS Zhipin Information Communication A disruptive model
Slide 6: Result in Reaching Full-spectrum of Job-seekers and Employers
… Result in Reaching Full-spectrum of Job-seekers and Employers We capture incremental market opportunities and serve more users in the online recruitment industry Expanded user reach Accurate job and candidate Massive scale Fairer traffic distribution capturing underserved recommendation ma
Slide 7: Our Innovative Technology Reinforces Strong Network Effects
Our Innovative Technology Reinforces Strong Network Effects Double-sided user ecosystem, accumulated data and advanced technology enhance our competitive advantage More Opportunities More Interaction More Superior More Job Innovative More Data Employers Services Seekers Technology Insights More Choi
Slide 8: Financial Highlights
Financial Highlights
Slide 9: Our Solid Revenue Growth
Our Solid Revenue Growth Driven by continued user growth, improved paying ratio and stable ARPPU Revenues Growth Drivers RMB MM Robust enterprise user growth supported by our strong network effect and 5,952.0 full spectrum of user coverage 31.9%1 4,511.1 Improved paying ratio back by our highly effi
Slide 10: ... with Enhanced Operating Efficiency...
… with Enhanced Operating Efficiency… Improving operating efficiency testifies the effectiveness of our business model Adjusted Operating Cost and Expenses1 RMB MM Adjusted gross margin1 82.6% 83.3% 84.1% 83.0% 1,013.5 17.0% 715.3 15.9% 1,728.8 29.0% 1,830.5 40.6% 188.0 17.4% 1,124.8 18.9% 263.4 16.
Slide 11: ... Lead to Improving Profitability Capability
… Lead to Improving Profitability Capability Proven and continuously improved profitability Adjusted Operating (Loss)/Income1 Adjusted Net Income1 RMB MM RMB MM Adjusted Adjusted operating (8.9)% 32.9% 12.5% 27.5% net 5.5% 39.8% 17.7% 36.2% margin1 margin1 1,637.9 2,156.2 169.7%2 191.1%2 519.7 562.7
Slide 12: Our Robust Operating Cash Flow and Strong Cash Position
Our Robust Operating Cash Flow and Strong Cash Position Strong cash generation capability and ample cash on hand Operating Cash Flow RMB 12.9BN RMB MM Cash Position2 as of December 31, 2023 3,047.0 Cash Position & Cash Management RMB 2.1BN Free Cash Flow3 for the year ended December 31, 2023 203.8%1
Slide 13: Appendix
Appendix
Slide 14: Unaudited Selected Income Statement Data
Unaudited Selected Income Statement Data For the three months ended December 31, For the year ended December 31， 2022 2023 2022 2023 (All amounts in thousands, except for percentages) RMB RMB RMB RMB Revenues 1,082,275 1,580,231 4,511,062 5,952,028 Operating cost and expenses Cost of revenues (202,3
Slide 15: Unaudited Selected Cash Flow Data
Unaudited Selected Cash Flow Data For the three months ended December 31, For the year ended December 31， 2022 2023 2022 2023 (All amounts in thousands) RMB RMB RMB RMB Net cash provided by operating activities 155,543 926,837 1,003,042 3,047,009 Net cash used in investing activities (725,495) (489,
Slide 16: Unaudited Selected Balance Sheet Data
Unaudited Selected Balance Sheet Data As of December 31, 2022 2023 (All amounts in thousands) RMB RMB ASSETS Current assets Cash and cash equivalents 9,751,824 2,472,959 Time deposits 793,042 6,922,803 Short-term investments 2,665,047 3,513,885 Other current assets 616,349 463,390 Total current asse
Slide 17: THANK YOU!
THANK YOU! Contact Us: ir@kanzhun.com https://ir.zhipin.com/ BOSS直聘 1616